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To help defer those costs, four years ago city and county elected officials voted to enact a homeowner grant program, an initiative with few other examples in the North Carolina. Residents owning ...
The HOME Investment Partnerships Program (HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1]
Section 504 Home Repair Program – This program provides loans and grants to low-income and elderly homeowners, respectively, to help cover the cost of repairing or modernizing their single ...
The nonprofit National Homebuyers Fund sponsors down payment and closing cost grants that can total up to 5 percent of your home’s purchase price. You don’t actually have to be a first-time ...
Section 504 loans and grants are a USDA rural housing repair program authorized under Section 504 of the Housing Act of 1949. Under current regulations, rural homeowners with incomes of 50% or less of the area median may qualify for the Rural Housing Service (RHS) direct loans to repair their homes. Loans are limited to $20,000 and have a 20 ...
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs.
The USDA Single Family Housing Repair Loans and Grants program assists homeowners aged 62 and older. The program exists to help promote “safe, decent housing for older adults in rural areas.”
[citation needed] The Foundation's grants were slightly less (at $16 million) than the $18 million given in 2008, but cuts were steeper in 2010 and 2011. [citation needed] In the past, the foundation has paid for a study about North Carolina's Work First welfare reform program, conducted by University of North Carolina at Chapel Hill researchers.